Asia marketplaces battle for route in advance of a slew of financial facts

Asia marketplaces battle for route in advance of a slew of financial facts


A female rides her bicycle with the Marina Bay Sands resort and superior-increase structures in the history in Singapore on Sept. 4, 2023.

Roslan Rahman | AFP | Getty Photos

Asia-Pacific marketplaces struggled to make headway in the early hrs of Friday, soon after largely slipping for the 1st two trading days of the new yr.

Traders will be watching Southeast Asia’s economic knowledge because of afterwards in the working day, like inflation figures from Thailand and the Philippines, as properly as retail product sales facts from Singapore.

In Australia, the S&P/ASX 200 commenced the working day on an upbeat take note but pared gains to trade all over .05% higher, right after struggling two straight days of losses.

Japan’s Nikkei 225 inched .11% greater at open up, whilst the broader Topix added .32%.

South Korea’s Kospi dipped .08% at open up, although the smaller-cap Kosdaq was flat.

In contrast, futures for Hong Kong’s Dangle Seng index stood at 16,590, pointing to a weaker open up in contrast with the HSI’s shut of 16,645.98.

Right away in the U.S., the tech-significant Nasdaq Composite fell .56% to mark a fifth straight working day of declines — its longest losing streak because October 2022.

The S&P 500 slid .34% to mark a 4-day dropping streak, though the Dow Jones Industrial Average was the outlier, eking out a .03% gain.

— CNBC’s Sarah Min and Lisa Kailai Han contributed to this report



Source

Four luxury stocks to watch amid hopes of a Chinese consumer rebound
World

Four luxury stocks to watch amid hopes of a Chinese consumer rebound

A nascent rebound in Chinese consumer appetite, paired with resilient U.S. spending, is reigniting the luxury sector, with Richemont , Salvatore Ferragamo , LVMH and Ralph Lauren are emerging as key names to watch. Chiara Battistini, head of European luxury and sporting goods at J.P. Morgan, said the bank continues to favor Richemont, which has been […]

Read More
Op-ed: The UK government’s alphabet tax tango: From U-Turn to W-turn to doughnuts
World

Op-ed: The UK government’s alphabet tax tango: From U-Turn to W-turn to doughnuts

Britain’s Chancellor of the Exchequer Rachel Reeves (R) stands with Britain’s Prime Minister Keir Starmer (L) as she is applauded after delivering her speech on the second day of the annual Labour Party conference in Liverpool, north-west England, on September 29, 2025. Oli Scarff | Afp | Getty Images If political maneuvers were a dance, […]

Read More
European tech stocks slide 3% as AI bubble fears mount
World

European tech stocks slide 3% as AI bubble fears mount

A member of staff walks beneath a trading board at the London Stock Exchange on April 25, 2025 in London, England. Carl Court | Getty Images News | Getty Images European stocks were sharply lower on Friday as concerns about an artificial intelligence bubble and the global economy shook investor confidence. By 12:20 p.m. in […]

Read More